Salem, OH 44460,130-138-140-148 Penn AVE
Salem, OH 44460,130-138-140-148 Penn AVE
Salem, OH 44460,130-138-140-148 Penn AVE
37
$400,000
$449,900
11.1%
Est.Price: ?

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5,279 Sqft Lot

130-138-140-148 Penn AVE Salem, OH 44460

Est. payment /mo
SOLD DATE : 12/01/2025

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Key Details

Sold Price $400,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Subdivision Kidds

MLS Listing ID 5089137

Sold Date 12/01/25

HOA Y/N No

Year Built 1890

Annual Tax Amount $4,282

Tax Year 2023

Lot Size 5,279 Sqft

Acres 0.1212

Property Sub-Type Retail

Property Description

Discover the potential of this centrally located mixed-use commercial property in the flourishing historic downtown district of Salem, Ohio. With a rich history of restaurant and retail use on the first floor and flexible space above, this building offers immediate upside for investors, business owners, or developers seeking space and visibility in a growing Northeast Ohio market.

Over 10,000 sq. ft. of opportunity in the heart of Salem's up and coming historic commercial district. The first floor (5,000+ sq. ft.) is fully prepped for restaurant use with kitchen hookups, tile flooring, ADA accessibility, multiple restrooms, and a performance stage.

The updated second floor (~5,000 sq. ft.) is open and flexible for office, retail, or studio use with 3 separate electric meters in place. Use it as one rental or multiple! Zoned commercial.

Surrounded by bustling restaurants, retail, and a hotel, this high-visibility property includes major updates:
• Steel roof (2014 & 2023)
• Twin HVAC units (2014)
• New 2nd-floor windows (2023)
• LED lighting throughout
• Upgraded backflow valve
• Hand-painted Charles Burchfield tribute mural (2017)
Located in Salem, OH, Columbiana County's largest city (pop. ~11,825), less than an hour from Youngstown, Canton, and Akron, and centrally located between Pittsburgh and Cleveland.

Location

State OH

County Columbiana

Interior

Heating Forced Air, Gas

Fireplace No

Exterior

Water Access Desc Public

Present Use Retail

Building

Sewer Public Sewer

Water Public

Schools

School District Salem Csd - 1508

Others

Tax ID 5100702000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

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VOW - Northern Ohio Regional MLS (YES-MLS) /MLS Now
Listed by Cindy L Lautzenheiser • Howard Hanna • clautzenheiser@howardhanna.com, 330-565-3712
Bought with Jared Lautzenheiser • Howard Hanna

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Town & Country

Town & Country

Real Estate Brokerage | License ID: 0000331236

+1(740) 454-0500

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